In this episode, we discuss OpenAI's proposal to give the US government a 5% stake, South Korea's leveraged market selloff, and Meta's pivot into cloud computing.

00:00 Introduction

00:25 Crypto Headlines and Web3 Roundup

05:02 Venice AI and Betting on Small Cap AI Tokens

13:05 More Headlines and the Day's Price Action

16:13 Lighter and the DYDX Team's Robinhood Chain Perp Race

20:30 KOSPI Selloff and Korea's Retail Leverage Problem

25:04 Making Sense of Korea's 100 Million Trading Accounts

30:14 OpenAI Weighs a 5% US Government Stake

37:21 Palantir, Alex Karp and the Rise of Sovereign AI Models

42:09 NVIDIA's Trillion Dollar Robotics Bet and New Humanoids

47:04 Is the Robotics Trade a Decade Away or Closer

50:47 Meta Pivots to Cloud Computing

54:34 Closing Thoughts

The content in this show is never financial advice. The content is an expression of individuals' opinions and is for informational and entertainment purposes only.

In this episode, we discuss Trump's billion-dollar crypto income, Anthropic's Fable model returning after a government pull, and Etched raising $800M to challenge Nvidia.

0:00:00 Introduction

0:00:52 Crypto Headlines and Web3 Roundup

0:08:39 OpenUSD and the 140 Company Stablecoin Consortium

0:12:34 Stablecoin Yield Climbing the Stack

0:18:29 Fee Compression and the Stablecoin Volume Game

0:23:43 Circle Stock and Coinbase Under Pressure

0:28:35 The Stablecoin Trade Is Done, Buy the Banks

0:33:49 Trump's Billion Dollar Crypto Income and Portfolio

0:37:23 The Debate Over Trump's Impact on Crypto

0:43:39 Bipartisan Crypto Regulation and Remittance Networks

0:48:54 Anthropic's Fable 5 Returns After Government Pull

0:54:08 Chinese AI Models and Robotics vs US Valuations

0:57:14 Etched Raises $800M to Challenge Nvidia

The content in this show is never financial advice. The content is an expression of individuals' opinions and is for informational and entertainment purposes only.

In this episode, we discuss Strategy's new capital framework sending MSTR and STRC higher, Agility Robotics going public in a 2.5 billion dollar SPAC deal, and Chamath's 8090 raising a 135 million dollar Series A for its AI software factory.

0:00:00 Introduction

0:00:46 Crypto Headlines and Web3 Roundup

0:07:54 Why Builders Pick Dubai Over Europe on Crypto and AI

0:11:39 Why MSTR Jumped on Saylor's News but Bitcoin Did Not

0:18:09 Inside Strategy's New Bitcoin Credit Framework

0:24:53 Strategy Becomes a Closed Loop Fund

0:29:58 Bitcoin as Energy Money and the Hunt for the Next Buyer

0:37:30 Agility Robotics Goes Public via a 2.5 Billion Dollar SPAC

0:43:27 Investing in Humans and Robots and the UBI Question

0:46:54 Chamath's 8090 Raises 135 Million for an AI Software Factory

0:53:22 Reading the Charts, RoboStrategy and Token Unlocks

0:58:04 Crypto Cards, Stablecoins and Real World Spending

1:05:06 Closing Thoughts on Trading Your Edge

The content in this show is never financial advice. The content is an expression of individuals' opinions and is for informational and entertainment purposes only.

In this episode, we discuss why Strategy is 13 billion dollars underwater on Bitcoin and what Saylor's next move means, the fragile US and Iran de-escalation, and Ansem's token crossing 100 million.

0:00:00 Introduction

0:00:41 Crypto Headlines and Web3 Roundup

0:07:48 The Case for Trading Equities Over Crypto

0:12:25 Why the Risk Reward Favors Equities

0:15:57 Eli Lilly, BlackBerry, and Betting on the Pivot

0:23:48 Quantum Stocks and the US Commerce Signal

0:28:38 Robotics, Rigetti, and Using AI to Research Markets

0:35:42 US and Iran Agree to Stop Attacks

0:42:39 Trading the News Live and Iran's New Normal

0:48:46 Ansem's Token Hits 100 Million and the Solana Debate

0:55:41 Saylor, Strategy, and Who Buys Bitcoin Next

0:58:44 Strategy's 1.25 Billion Bitcoin Monetization Plan

The content in this show is never financial advice. The content is an expression of individuals' opinions and is for informational and entertainment purposes only.

In this episode, we discuss the Apple price hike that wiped over one trillion dollars from Asian stocks, OpenAI delaying its IPO to next year, and hot May PCE inflation data.

0:00:00 Introduction

0:00:43 Crypto Headlines and Web3 Roundup

0:06:46 Apple Price Increases and the Memory Demand Question

0:11:48 Reselling Maxed Out Macs on the Secondary Market

0:15:13 A Permanent Underclass and Access to AI

0:18:28 Over One Trillion Wiped From Asian Stocks

0:21:48 Fourteen Circuit Breakers and Leveraged Chip ETFs

0:29:52 May PCE Inflation and the Fed Two Percent Target

0:33:29 Is Apple Oversold After the Six Percent Drop

0:37:16 Going Long Apple at Two Seventy Six

0:42:30 Phunky on Apple as a Veblen Luxury Good

0:46:58 OpenAI Pushes Its IPO to Next Year

0:51:12 Why AI Models Struggle to Capture Value

0:58:45 SoftBank's Drop and the Government Push Into AI

1:02:48 The SoftBank Goose and Golden Egg Slide

The content in this show is never financial advice. The content is an expression of individuals' opinions and is for informational and entertainment purposes only.

In this episode, we discuss Micron's blowout earnings reigniting the AI memory trade, Korea's KOSPI and Asian markets rebounding after this week's sell-off, and Bitcoin's weakness as the EU's MiCA regulation comes into full force.

00:00 Introduction

00:32 Crypto Headlines and Web3 Roundup

09:21 Crypto Versus AI and Turning News Into Trades

16:54 Inside Micron's Earnings and Record Margins

21:21 How Close Is the Humanoid Robot Revolution

24:26 Unitree's $4,900 Iron Man Humanoid Robot

29:37 Robot Home Security and the Device Hack Scare

33:46 The Analog Backlash and Why AI Stays the Trade

39:18 Agents On-Chain Versus Google's New Registry

42:54 Korea's KOSPI Rebound and the Memory Listings Wave

50:00 EU MiCA Deadline and US Crypto Regulation Momentum

The content in this show is never financial advice. The content is an expression of individuals' opinions and is for informational and entertainment purposes only.

In this episode, we discuss Quantinuum's 20% surge after Trump's quantum executive order, SK Hynix raising nearly $29 billion via a US listing, and a surging DXY as the market braces for a rate-hiking cycle.

00:00 Introduction

00:23 Crypto Headlines and Web3 Roundup

06:46 How Much Memory Do We Need

11:54 Micron Q3 Earnings Preview

15:48 Why Memory Trades Like a Commodity

21:11 Storage and Apple RAM Prices Surging

25:37 DXY Surges on Hawkish Fed and Rate Hike Risk

30:07 SpaceX Overhang and Going Risk Off

37:07 Quantinuum Surges on Trump Quantum Order

42:31 How Early Quantum Is and Picking Winners

48:18 Following Lutnik and the Commerce Account

53:43 SK Hynix Raising 29 Billion via US Listing

58:39 Closing Thoughts and Homework

The content in this show is never financial advice. The content is an expression of individuals' opinions and is for informational and entertainment purposes only.

In this episode, we discuss the sharp tech and crypto sell-off, SpaceX falling back to its $150 launch price, and Micron's new strategic memory agreement with Anthropic.

00:00 Introduction

00:40 Crypto Headlines and Web3 Roundup

06:11 Reading The Sell-Off and Hiking Cycle Concerns

11:27 Polymarket Fed Odds and the Crypto Bear Market

18:34 The Global Tech Sell-Off and Leveraged FOMO Trading

24:23 Micron's Strategic Memory Deal With Anthropic

29:23 Apple, Local Models and the RAM Shortage

35:27 The Privacy Thesis and Running Models Offline

41:18 Apple As A Long-Term Trade Idea

45:24 Sitting On The Sidelines and Why SpaceX Is The Risk Tell

51:00 Why SpaceX Lost Its Appeal and Is AI Profitable Yet

54:24 Closing Thoughts and Bitcoin Tomorrow

The content in this show is never financial advice. The content is an expression of individuals' opinions and is for informational and entertainment purposes only.

In this episode, we discuss the Chinese AI labs MiniMax and Knowledge Atlas surging on the Hong Kong exchange, the US and Iran negotiations breaking down in Switzerland, and whether Solana season is real or just manufactured.

0:00:00 Introduction

0:01:05 Crypto Headlines and Web3 Roundup

0:15:44 US and Iran Negotiations Break Down in Switzerland

0:22:14 Was There Ever a Deal and How Markets Are Reading It

0:26:50 Robinhood Trade Idea and Why the Chart Is Inflecting

0:33:35 Robinhood and the Trump Accounts Treasury Contract

0:42:58 Chinese AI Labs MiniMax and Knowledge Atlas Explained

0:50:15 Anthropic's Mythos and Fable Shutdown and the AI Cold War

0:56:59 The Bear Case for Chinese AI Stocks

1:04:09 Is Solana Season Real or Manufactured

1:07:35 Why Sol Has the Same Value Problem ETH Had

The content in this show is never financial advice. The content is an expression of individuals' opinions and is for informational and entertainment purposes only.

In this episode, we discuss SpaceX preparing a potential $20 billion bond for its AI buildout, why chip makers are surging while crypto sells off, and what China's AI tiger Minimax actually is.

0:00:00 Introduction

0:01:01 Crypto Headlines and Web3 Roundup

0:12:15 Saylor's AI Designed STRC and Opportunistic Clipping

0:15:12 Following the Flows Into the Memory and Chip Makers

0:25:03 Going Flat After the FOMC and Concentrating Into AI Semis

0:32:00 Intel as a Trade and the Trump Apple Partnership

0:40:45 Minimax China's AI Tiger Explained

0:43:51 Fable Lockdown and Government Stakes in AI

0:48:04 SpaceX After the IPO Pop and the 20 Billion Dollar Bond

0:53:55 Following the AI Capex Stack From Chips to Power

The content in this show is never financial advice. The content is an expression of individuals' opinions and is for informational and entertainment purposes only.